Civic Intelligence

The Well Incubator Inc

EIN 88-3219923 • 501(c)3 • Louisville, KY

Profile

Dedicated to connecting, supporting and growing lo

1704 Dixie HighwayLouisville, KY 40211
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-44%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-43%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-33%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$53,687

Down $39,878 (-43%) from 2023

Liabilities

Down

$61,961

Down $35,031 (-36%) from 2023

Net Assets

Down

-$8,274

Down $47,298 (-121%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin15th percentile

Revenue

Down

$62,100

Down $29,953 (-33%) from 2023

Expenses

Down

$89,245

Down $6,235 (-6.5%) from 2023

Net Income

Down

-$27,145

Down $23,718 (-692%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2022: $152,451Liabilities 2022: $110,000Net Assets 2022: $19,4752022Assets 2023: $93,565Liabilities 2023: $96,992Net Assets 2023: $39,0242023Assets 2024: $53,687Liabilities 2024: $61,961Net Assets 2024: -$8,2742024

Highlighted filing

2024

Assets$53,687
Liabilities$61,961
Net Assets-$8,274
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $150,000Expenses 2022: $130,525Net Income 2022: $19,4752022Revenue 2023: $92,053Expenses 2023: $95,480Net Income 2023: -$3,4272023Revenue 2024: $62,100Expenses 2024: $89,245Net Income 2024: -$27,1452024

Highlighted filing

2024

Revenue$62,100
Expenses$89,245
Net Income-$27,145
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,687
Liabilities
$61,961
Net assets
-$8,274
Revenue
$62,100
Expenses
$89,245
Net income
-$27,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.62$0.08$0.62$0.89$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.97$0.39$0.92$0.95$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.52$1.10$0.19$1.50$1.31$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$62,100
Mission and Program Overview

Mission

Dedicated to connecting, supporting and growing lo

Program Services

DescriptionGrantsExpenses
PREP SCHOOL ACADEMY WHERE WE WORK WITH 12 ENTREPRENEURS TO ESTABLISH CORE BUSINESS COMPETENCIES TO STRENGHTHEN THEIR BUSINESS--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENA J STITHFounderPT$0--
NICOLE DOWNSDirectorPT$0--
ALISA BRADYTreasurerPT$0--
TARA WOODSDirectorPT$0--
JESSICA WOODSSecretaryPT$0--
DR PAMELA MCDANIELDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Well Incubator Inc
EIN
88-3219923
Phone
5024255483
Address
1704 DIXIE HIGHWAY, LOUISVILLE, KY 40211

Signing Officer

Name
Kena Samuels Stith
Title
CEO
Phone
5024255483
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Sks Accounting and Consulting Firm
Address
812 LYNDON LANE SUITE 210, LOUISVILLE, KY 40222
Preparer
Alisa Brady
Phone
5024255483
Supplemental Narrative

Additional Explanations

990-EZ, Part I, Line 16

“Accounting service $5900; advertising $1254.40 auto exp $20.01; building repairs $1976.90 donations $261.55; office exp $1557.60 event supplies $3021.83; memberships $75”

990-EZ, Part I, Line 16

“Programs services $31974; supplies $3831.78 telephone $2940.32; sales and use $459.08 software exp $1237.54; stipend $790 conference travel meeting $448.62”

990-EZ, Part II, Line 24

“Building improvements 14713 furniture 7585”

990-EZ, Part II, Line 26

“LOAN FROM SKS”

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KENA SAMUELS STITH
IRS990EZ/BooksInCareOfDetail/PhoneNum05024255483
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01704 DIXIE HIGHWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt093215
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030789
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt059700
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-27145
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt093565
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053687
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt062100
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt022298
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3427
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-30572
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-3427
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-8274
IRS990EZ/OccupancyRentUtltsAndMaintAmt019010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENA J STITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICOLE DOWNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALISA BRADY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TARA WOODS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JESSICA WOODS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DR PAMELA MCDANIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0350
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0600
IRS990EZ/OtherExpensesTotalAmt049849
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEDICATED TO CONNECTING, SUPPORTING AND GROWING LO
IRS990EZ/ProgramServiceRevenueAmt02400
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PREP SCHOOL ACADEMY WHERE WE WORK WITH 12 ENTREPRENEURS TO ESTABLISH CORE BUSINESS COMPETENCIES TO STRENGHTHEN THEIR BUSINESS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08086
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt096992
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt061961
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt089245
IRS990EZ/TotalRevenueAmt062100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt062100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0304153
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0304153
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt092053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/Total509Grp/TotalAmt0304153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt062100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0304153
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING SERVICE $5900; ADVERTISING $1254.40 AUTO EXP $20.01; BUILDING REPAIRS $1976.90 DONATIONS $261.55; OFFICE EXP $1557.60 EVENT SUPPLIES $3021.83; MEMBERSHIPS $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAMS SERVICES $31974; SUPPLIES $3831.78 TELEPHONE $2940.32; SALES AND USE $459.08 SOFTWARE EXP $1237.54; STIPEND $790 CONFERENCE TRAVEL MEETING $448.62
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUILDING IMPROVEMENTS 14713 FURNITURE 7585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN FROM SKS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENA SAMUELS STITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05024255483
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WELL INCUBATOR INC
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0883219923
ReturnHeader/Filer/PhoneNum05024255483
ReturnHeader/Filer/USAddress/AddressLine1Txt01704 DIXIE HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040211
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611375736
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKS ACCOUNTING AND CONSULTING FIRM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0812 LYNDON LANE SUITE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040222
ReturnHeader/PreparerPersonGrp/PhoneNum05024255483
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALISA BRADY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T13:55:28-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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